Aohai Technology: Its Holding Subsidiary Plans to Invest 570 Million Yuan in the Construction of Zhixin Control R&D Center and Production Base Project
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Author:小编   

Aohai Technology (002993) announced that its holding subsidiary, Zhixin Control Systems Co., Ltd., plans to sign an Investment Agreement with the Administrative Committee of Wuhan Economic and Technological Development Zone. The subsidiary will exclusively invest approximately 570 million yuan to establish the Zhixin Control R&D Center and Production Base locally, with 400 million yuan allocated to R&D and 170 million yuan to fixed asset investments. The project is expected to commence operations in 2026 and reach full production capacity by 2030, with projected annual operating revenue of 3 billion yuan and annual tax payments of approximately 100 million yuan upon reaching full capacity.